3 ms·
A big piece of that is nimby pricks up and down the peninsula are adding companies but very little housing, then dumping their housing needs on sf. viz mountai
by x0x0 11y ago
A big piece of that is nimby pricks up and down the peninsula are adding companies but very little housing, then dumping their housing needs on sf.
viz mountain view authorizing some 2-5 million ft2 of office space for linkedin, et al, [1,2] and maybe adding a couple thousand homes [3]. Where are those thousands of new employees going to live? Not in Mountain View, pop 75k. So they have to get housing where there is housing available, and so lots of them will live in sf by necessity.
[1] http://www.mercurynews.com/business/ci_28058088/google-linkedin-fight-mountain-view-office-space http://www.mercurynews.com/business/ci_28058088/google-linke...
[2] http://www.bizjournals.com/sanjose/news/2015/05/06/in-stinging-defeat-for-google-linkedin-scores.html http://www.bizjournals.com/sanjose/news/2015/05/06/in-stingi...
[3] http://www.mv-voice.com/news/2015/05/15/housing-dealt-setback-in-north-bayshore-decision http://www.mv-voice.com/news/2015/05/15/housing-dealt-setbac...